We are live on ! Find out more
KPF

K2 Principal Fund Portfolio holdings

AUM $1.43B
1-Year Est. Return 29.56%
This Fund
S&P 500
This Quarter Est. Return
-8.03%
1 Year Est. Return
+29.56%
3 Year Est. Return
+71.66%
5 Year Est. Return
+57.43%
10 Year Est. Return
+278.66%
AUM
$1.16B
AUM Growth
-$351M
Cap. Flow
-$335M
Cap. Flow %
-28.92%
Top 10 Hldgs %
45.37%
Holding
494
New
126
Increased
47
Reduced
55
Closed
192

Top Buys

Rank Stock Value
1
PFSI icon
PennyMac Financial
PFSI
+$32M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$29.2M
3
NMRK icon
Newmark Group
NMRK
+$11.5M
4
COIN icon
Coinbase
COIN
+$9.28M
5
BMO icon
Bank of Montreal
BMO
+$8.82M

Top Sells

Rank Stock Value
1
SKIN icon
SkinHealth Systems
SKIN
+$24.3M
2
BG icon
Bunge Global
BG
+$15.9M
3
CIXX
CI Financial Corp.
CIXX
+$12.4M
4
TRIS
Tristar Acquisition I Corp.
TRIS
+$11.2M
5
SAGAU
Sagaliam Acquisition Corp. Units
SAGAU
+$9.93M

Sector Composition

Rank Sector Weight
1 Financials 16.69%
2 Real Estate 2.6%
3 Technology 2.09%
4 Communication Services 1.94%
5 Consumer Staples 1.7%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RCL icon
76
PUT
Royal Caribbean
RCL
$86.8B
$2.51M 0.22%
30,000
+25,000
+500% +$1.97M
RFACU
77
DELISTED
RF Acquisition Corp. Unit
RFACU
$2.51M 0.22%
+250,000
New +$2.51M
OR icon
78
OR Royalties Inc
OR
$5.53B
$2.36M 0.2%
+179,133
New +$2.22M
BASE
79
DELISTED
Couchbase
BASE
$2.35M 0.2%
135,000
-11,800
-8% -$239K
EFA icon
80
PUT
iShares MSCI EAFE ETF
EFA
$76.4B
$2.21M 0.19%
+30,000
New +$2.24M
CERN
81
DELISTED
Cerner Corp
CERN
$2.18M 0.19%
23,300
+10,800
+86% +$1,000K
OPEN icon
82
PUT
Opendoor
OPEN
$3.54B
$2.16M 0.19%
258,230
+227,230
+733% +$2.11M
RDFN
83
PUT
DELISTED
Redfin
RDFN
$2.1M 0.18%
+116,200
New +$2.99M
RENT
84
Rent the Runway
RENT
$124M
$2.08M 0.18%
+15,062
New +$1.77M
ATC
85
DELISTED
Atotech Limited
ATC
$2.02M 0.17%
91,971
+39,348
+75% +$940K
VZLA
86
Vizsla Silver
VZLA
$1.1B
$2M 0.17%
+792,200
New +$1.6M
BIOT
87
DELISTED
Biotech Acquisition Company Class A Ordinary Shares
BIOT
$1.99M 0.17%
+201,862
New +$1.99M
ING icon
88
CALL
ING
ING
$92.9B
$1.99M 0.17%
+190,600
New +$2.48M
MCD icon
89
McDonald's
MCD
$193B
$1.98M 0.17%
+8,000
New +$1.99M
USAS
90
Americas Gold and Silver
USAS
$1.24B
$1.98M 0.17%
+732,600
New +$1.75M
THCA
91
DELISTED
Tuscan Holdings Corp. II Common Stock
THCA
$1.95M 0.17%
173,148
-89,214
-34% -$915K
GME icon
92
GameStop
GME
$9.8B
$1.73M 0.15%
+41,636
New +$1.23M
RENT
93
CALL
Rent the Runway
RENT
$124M
$1.72M 0.15%
+12,500
New +$1.47M
X
94
PUT
DELISTED
US Steel
X
$1.7M 0.15%
+45,000
New +$1.22M
ABEV icon
95
Ambev
ABEV
$47.9B
$1.68M 0.15%
520,954
+248,077
+91% +$693K
PFSI icon
96
CALL
PennyMac Financial
PFSI
$4.47B
$1.66M 0.14%
+31,200
New +$1.89M
BTU icon
97
PUT
Peabody Energy
BTU
$2.54B
$1.66M 0.14%
+67,500
New +$1.14M
DB icon
98
CALL
Deutsche Bank
DB
$67.9B
$1.64M 0.14%
+129,800
New +$1.73M
GFL icon
99
PUT
GFL Environmental
GFL
$14.5B
$1.59M 0.14%
49,000
-102,100
-68% -$3.2M
SKIN icon
100
CALL
SkinHealth Systems
SKIN
$83.4M
$1.58M 0.14%
93,400
+84,200
+915% +$1.39M
2 3
4
5 6

Similar funds

KGI
Kopernik Global Investors Tampa, Florida $1.43B AUM 63.57% 1-Year Est. Return
SC
Styrax Capital New York $1.43B AUM 50.63% 1-Year Est. Return
WIM
Weitz Investment Management Omaha, Nebraska $1.43B AUM 0.51% 1-Year Est. Return
LCG
Luxor Capital Group New York $1.43B AUM 30.88% 1-Year Est. Return
CCM
Callodine Capital Management Boston, Massachusetts $1.43B AUM 8.74% 1-Year Est. Return
TS
Triglav Skladi Ljubljana, Slovenia $1.43B AUM 39.24% 1-Year Est. Return
SMA
Sage Mountain Advisors Atlanta, Georgia $1.43B AUM 16.47% 1-Year Est. Return
SCA
Stonebridge Capital Advisors St Paul, Minnesota $1.43B AUM 21.98% 1-Year Est. Return

K2 Principal Fund's Q1 2022 Portfolio in Review

As of Q1 2022, K2 Principal Fund held 494 positions worth $1.16B, down 23% from $1.51B the previous quarter. Its ten largest holdings account for 45% of the portfolio.

K2 Principal Fund withdrew a net $335M in Q1 2022, closing 192 positions and reducing 55 holdings. Its most notable exit was Bunge Global, an estimated $15.9M position sold in full.

By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.

Against the trend, K2 Principal Fund opened a new position in State Street SPDR S&P 500 ETF Trust worth $29.6M.

  • K2 Principal Fund's largest Q1 2022 buy was State Street SPDR S&P 500 ETF Trust: 65,553 shares worth $29.6M.
  • K2 Principal Fund added most to PennyMac Financial in Q1 2022, an estimated $32M increase.
  • K2 Principal Fund's biggest Q1 2022 reduction was SkinHealth Systems, cutting an estimated $24.3M.
  • K2 Principal Fund fully exited Bunge Global in Q1 2022, selling an estimated $15.9M.
  • K2 Principal Fund's ten largest holdings make up 45% of its $1.16B portfolio in Q1 2022.
  • K2 Principal Fund opened 126 new positions and closed 192 in Q1 2022.
  • K2 Principal Fund's portfolio value fell 23% quarter-over-quarter to $1.16B.

Based on K2 Principal Fund's 13F filing for Q1 2022, filed 16 May 2022.